Alerus(US:ALRS) ZACKS·2026-01-29 01:30Core Insights - Alerus reported a revenue of $63.35 million for the quarter ended December 2025, reflecting a 12.2% decrease year-over-year and falling short of the Zacks Consensus Estimate of $71.1 million by 10.9% [1] - The company's EPS was $0.85, significantly higher than the $0.44 reported in the same quarter last year, and exceeded the consensus EPS estimate of $0.57 by 48.26% [1] Financial Performance Metrics - Alerus's efficiency ratio was reported at 557.5%, which is substantially higher than the average estimate of 70.9% from two analysts [4] - The average balance of total interest-earning assets was $4.93 billion, slightly below the estimated $5.04 billion [4] - The net charge-offs to average loans stood at -0%, compared to the estimated 0.1% [4] - The net interest margin, tax-equivalent, was reported at 3.7%, exceeding the estimate of 3.3% [4] - Retirement and benefit services revenue was $17.26 million, above the estimated $16.77 million [4] - Wealth management revenue reached $7.44 million, surpassing the estimate of $6.95 million [4] - Mortgage banking revenue was $3.2 million, exceeding the average estimate of $2.8 million [4] - Tax-equivalent net interest income was reported at $45.83 million, higher than the estimated $42.26 million [4] - Total noninterest income was $31.45 million, compared to the average estimate of $28.85 million [4] - Service charges on deposit accounts were $0.73 million, slightly below the estimated $0.83 million [4] Stock Performance - Alerus shares have returned +7.4% over the past month, outperforming the Zacks S&P 500 composite, which saw a +0.8% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]